Categories: Business

GEXIM boss urges Ghanaian exporters to lead, not just compete

The CEO of Ghana Export-Import (EXIM) Bank, Sylvester A. Mensah, has urged Ghanaian agribusiness exporters to move beyond competition and aim for global leadership.

Delivering the keynote address at the Ghana Horticulture Expo 2025, held at the Accra International Conference Centre on June 11, Mr. Mensah emphasized that Ghanaian producers must not only be equipped to compete, they must be empowered to lead.

The three-day expo brought together exporters, policymakers, and industry stakeholders to share insights, showcase products, and influence policy.

Mr. Mensah reaffirmed GEXIM’s commitment to supporting Small and Medium-sized Enterprises (SMEs), especially in their efforts to meet international benchmarks and expand into global markets.

He stated, “The future of Ghana’s agriculture depends on transforming it into a value-driven, youth-led, and technology-enabled sector.” According to him, Ghana must redefine itself as a competitive agro-industrial hub marked by quality and innovation.

Importantly, he noted that GEXIM is not just a lender. Instead, the bank serves as a strategic partner, working alongside government bodies, private firms, and trade associations to drive growth.

To support exporters, Mr. Mensah outlined several financing tools, including the Export Trade Facility, Receivables Discounting Scheme, and Provisional Guarantee Instruments. These mechanisms are designed to enhance liquidity and reduce the risks associated with agricultural investments.

Furthermore, the bank is prioritizing youth-led and SME-driven businesses, especially in areas like agro-processing and cold chain logistics. These initiatives aim to cut post-harvest losses and increase value addition.

Mr. Mensah encouraged exporters to build on Ghana’s recent global recognition. He highlighted the growing international demand for pineapples, mangoes, chillies, coconuts, and yams, which now symbolize high quality.

“Ghanaian produce is earning a global reputation,” he added, citing events like Fruit Logistica and Macfrut, where local exporters secured millions in deals.

He urged participants to engage with GEXIM’s advisory team to boost their competitiveness and visibility in international markets.

Former President John Mahama, who officially launched the expo, stressed the need for bold investments and partnerships in agribusiness. He underscored agriculture’s central role in transforming Ghana’s economy.

“Ghana is prepared to grow, export, and lead Africa’s agricultural rise,” Mr. Mahama said. “We are aiming for more than food security—we’re targeting economic security through agriculture.”

Organized by the Federation of Association of Ghanaian Exporters (FAGE), the expo runs under the theme: “Innovate, Transform, Sustain: Driving Growth in Ghana’s Horticultural Sector.” The event unites key players across the agricultural value chain to strategize and collaborate for export-driven growth.

Sylvester Oppong Nyarko

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